Representation of Ethereum, with its native cryptocurrency ether. Dado Ruvic | Reuters Ether fell as much as 9% on Monday, slipping below its critical $3,600 support level, shortly after a multimillion dollar hack affected a protocol on the token’s native network. The cryptocurrency, which is issued on Ethereum, was last down 6.6% at around $3,600,…
Qnity Electronics — now spun off from DuPont — moved higher in its public debut on the New York Stock Exchange on Monday. The stock quickly earned an endorsement from Jim Cramer. “We have a nice position in Qnity, but we don’t own enough,” Jim said during Monday’s Morning Meeting . The Club received 812…
Pedestrians are reflected in a window as electronic boards display stock information at the Australian Securities Exchange, operated by ASX Ltd. on Aug. 6, 2024 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty Images Asia Pacific markets traded mixed, breaking ranks from Wall Street’s tech-fuelled rally. The rally followed Amazon shares rising 4%…
CNBC’s Jim Cramer on Monday rejected concerns of market cap concentration in the Magnificent Seven, saying they are tied together because of their high growth rates rather than their products. “It’s growth that matters to stock investors, not the data center, not accelerated computing, not even artificial intelligence,” he said. “Growth is what the Magnificent…
Andrew Cuomo, New York City mayoral candidate, during a campaign event in New York, US, on Monday, Nov. 3, 2025. Christian Monterrosa | Bloomberg | Getty Images President Donald Trump on Monday night explicitly called on New York City residents to vote for Andrew Cuomo over Democratic nominee Zohran Mamdani in the mayoral election. Trump’s…
A Starbucks outlet in Hangzhou in east China’s Zhejiang province Thursday, Oct. 30, 2025. Long Wei | Feature China | Future Publishing | Getty Images Starbucks on Monday announced it is forming a joint venture with Boyu Capital to operate the company’s locations in China. Under the terms of the deal, Boyu, an alternative asset…
OpenAI has signed a deal to buy $38 billion worth of capacity from Amazon Web Services, its first contract with the leader in cloud infrastructure and the latest sign that the $500 billion artificial intelligence startup is no longer reliant on Microsoft. Under the agreement announced on Monday, OpenAI will immediately begin running workloads on…
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Palantir reported quarterly results that topped analysts’ estimates and issued better-than-expected guidance for the fourth quarter, attributing much of its strength to artificial intelligence….
A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris | Bloomberg | Getty Images With more consumer companies preparing to report third-quarter earnings this week, Wall Street will be watching for signs of a bifurcated or “K-shaped” economy as consumers diverge in their spending behaviors. There have…
Ford Mustang Mach-E EV vehicles at a Ford dealership in Los Angeles, California, US, on Thursday, Oct 16, 2025. Kyle Grillot | Bloomberg | Getty Images DETROIT — Sales of all-electric vehicles collapsed last month following the end of up to $7,500 in federal incentives for purchasing an EV, several automakers said Monday. Ford Motor,…
